Central air conditioning and swimming pools were popular features for Kitchener Waterloo buyers as 367 MLS properties changed hands during our July heat wave. Of these, 27 were new construction and 340 were resale or used homes. As detailed previously, we achieve a better understanding of the current market by looking at just resale homes. The ...
Posted by Jeff Gingerich
on August 2, 2011
With the recent record-breaking heat wave in Waterloo Region behind us, our thoughts turn to how to cope with such humid weather. The common answer for most is central air conditioning and, for some, swimming pools. However, with Ontario recently implementing time-of-use pricing, these alternatives are becoming increasingly costly.
One time-tested solution for dealing ...
Posted by Jeff Gingerich
on July 26, 2011
One of the things I often hear from buyer clients is the desire to not be "house poor". Typically, they don't want to overspend on a home as they still want to be able to afford a vacation to escape the Kitchener Waterloo winter weather. With Century 21 and Air Miles, you can have it all!
One of the perks of working with a Century 21 Realtor is Air Miles travel miles. ...
Posted by Jeff Gingerich
on June 24, 2011
Million dollar homes in Kitchener Waterloo continue to sell at record-setting levels this year. Following 2010's record total of 12, there have already been 8 residential MLS sales over $1 million in 2011. Luxury home buyers continue to have it their way as sellers are receiving, on average, 92% of the asking price, down slightly from 2010's ...
Posted by Jeff Gingerich
on June 8, 2011
Preparing your Kitchener Waterloo home for sale in the Spring months requires a greater emphasis on the exterior of the home. Here are 5 tips to make a lasting impression with the buyer.
1. Driveways and Walkways
Buyers and buyer's agents begin evaluating your home the minute they leave the sidewalk. It should go without saying if you have big ruts in your driveway, ...
Posted by Jeff Gingerich
on May 31, 2011
Record rainfall dampened April 2011 residential sales as Kitchener Waterloo recorded 455 MLS sales, off 16% from April 2010 results. New home sales totalled 38, an increase over the 31 sold in April 2010. Resale unit sales were off 18% year-over-year. There was some good news as April sales averaged just 39 days on the market and an average price of $305,379 versus ...
Posted by Jeff Gingerich
on May 4, 2011
How's the market? As a Realtor, I hear that question a considerable amount. The answer varies depending on your location. Currently in the Westvale area of Waterloo, there are 11 resale houses for sale from $259,000 to $499,900. To put that number into perspective, in the Huron Village area of south Kitchener, I found 11 properties for sale ...
Posted by Jeff Gingerich
on April 19, 2011
There were no bargains to be had in March as brisk Kitchener Waterloo residential MLS sales carried over to power of sale activity. There were 10 properties sold under power of sale in March. The average list price to sale price ratio was 99% and the average days on the market for these sales was just 27. The Royal Bank, Bank of Montreal and Firstline/CIBC ...
Posted by Jeff Gingerich
on April 16, 2011
As occupations go, a day in the life of a Kitchener Waterloo Realtor is generally pretty safe. However, while showing houses for sale on the weekend, I was amazed how many had no railings on the stairs to the basement. I personally know 2 Realtors who suffered serious injuries losing their balance on staircases. In one case, a lawsuit ensued and the Realtor ...
Posted by Jeff Gingerich
on April 11, 2011
First-time sellers of Kitchener Waterloo real estate often struggle with this question. Twenty-two years of selling real estate has taught me there is an ideal time to sell every home. Choosing the wrong time of the year to sell can cost a seller thousands of dollars in hard earned equity. Other times, it can result in an expired listing or a ...
Posted by Jeff Gingerich
on April 6, 2011